Small business users of QuickBooks may rarely, if ever, need to make a journal entry in their books. A journal entry splits a transaction into two parts, recording a debit for one account and an equal ...

Financial accounting is a multi-step process for companies following double-entry methods. The first and most important step begins with a journal entry: the recording of financial information related ...

If your small business used a mortgage for a home purchase, a journal entry affects the property, mortgage payable and cash accounts. If you paid all cash for a home, a journal entry affects the ...

The accounting cycle tracks a transaction until it’s added to your company’s financial statement. Follow this eight-step ...

Tracking your company’s spending is essential for maintaining accurate financial records. One financial accounting method businesses use is the payroll journal entry. Payroll journal entries record ...

A “Download” window will open in Excel letting you know that your document is in the process of being created. Click the “Close” button once the Journal Entry template has finished downloading into ...

Auditors can use Benford’s Law to identify general ledger irregularities — both those that can indicate fraud and those that do not. In this article, I introduce audit data analytics techniques that ...

A journal batch acts like an electronic folder that holds one or more journal entries. Summary of Steps to Create A Journal Batch Sign-on to the Oracle applications and select the "RIT - GL - JOURNAL ...

Journal entries involving project accounts must be entered by the Office of Grants and Contracts Accounting. The JOURNAL ENTRY BATCHES — VIEW ONLY allows end users to view the lines of the journal ...